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Used Car Market Struggles Amid Oversupply and EV Price War

Photos Courtesy : Bangkok Post

Tesla Cancels Thailand Factory Plans Amid Global Strategy Shift

Tesla has abandoned its plans to establish a manufacturing plant in Thailand, signaling a significant shift in its global expansion strategy. This decision, part...

FTI Cuts 2024 Car Production Target Amid Weak Sales

The Federation of Thai Industries (FTI) has revised its car manufacturing target for 2024 from 1.9 million to 1.7 million units, citing prolonged weak...

Thai Ministry Requires 40% Local Parts for Chinese electric vehicles

In an effort to bolster Thailand's automotive supply chain, the Industry Ministry is urging Chinese electric vehicle (EV) manufacturers to source at least 40%...

Thailand Addresses BYD EV Pricing Concerns

Prime Minister Srettha Thavisin recently engaged in discussions with BYD Chief Executive Wang Chuanfu concerning public concerns over pricing policies for the company's electric...

Thai Automotive Production Hits 14-Year Low Amid Economic Challenges

Thailand's automotive production is projected to reach a 14-year low this year, excluding the pandemic years of 2020-22, with output dipping to 1.65 million...

Thai Interest in Electric Vehicles Shifts Amidst Consumer Preferences

Thai consumers' interest in purchasing battery electric vehicles (BEVs) has declined over the past year, while hybrid electric vehicles (HEVs) have emerged as strong...

XPeng Thailand Expands Smart Electric Vehicle Network

XPeng Thailand has officially announced the appointment of 12 partners for its smart electric vehicles in the country, marking a significant step in establishing...

Mercedes-Benz Partners with Thonburi Automotive for EV Production

On June 12, 2024, Mercedes-Benz announced a significant collaboration with Thonburi Automotive Assembly Plant Co., Ltd., cementing a 10-year contract to manufacture electric vehicles...

Mercedes-Benz Expands EV Production in Thailand with 10-Year Contract

Mercedes-Benz has announced the extension of its electric vehicle (EV) production in Thailand by renewing its contract with Thonburi Automotive Assembly Plant (TAAP) for...

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